Director & Officer Liability Info. Checklist

This memo is intended to provide general information only and not legal advice on any particular legal issue, because, among other reasons, the change of one or two facts can change the outcome of the case. Also, in defending corporate officers or directors in Arizona, there is some present case law that would support a “gross negligence standard,” in which case officer or director liability could be more difficult to establish.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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